5 richest companies in world

We live in the world that is highly influenced by big companies. These companies that are investing millions into their advertising efforts, and paying 6-figure salaries to their top employees. Here are the top 5 most valuable companies today, ranked by their estimated brand value. 

5 richest companies in world

1. Walmart

                    Walmart is an American multinational retailing company that operates as a chain of hypermarkets, discount department stores and grocery stores. The company started as a plan in Sam Walton head when he began his retail career basically was a man with a dream, look where that got him! The company has claimed the top spot on the Fortune Global 500 eleven times since 1995. The company's investments outside North America have seen mixed results: its operations in the United Kingdom, South America, and China are highly successful, whereas ventures in Germany and South Korea failed.

2. State Grid      

                        State Grid Corporation of China is the largest electric utility company in the world. This world's biggest power company state-owned and has responsibility for China's national grid. The company is the second largest in the world according to the 2016 Fortune Global 500 ranking and has 1.9 million employees, 1.1 billion customers and revenue of 329.6 billion dollars.

3. Samsung

                       Samsung is a South Korean multinational conglomerate headquartered in Samsung Town, Seoul. The company operates its business through the following divisions: Consumer Electronics, Information Technology & Mobile Communications and Device Solutions. The Consumer Electronics business division offers cable television, monitor, printer, air-conditioners, refrigerators, washing machines, and medical devices. The Information Technology & Mobile Communications business division comprises of handheld products, communication systems, computers, and digital cameras. The Device Solutions business division provides memory, system large scale integrated circuit and light emitting diode. Samsung has a powerful influence on South Korea's economic development, politics, media and culture. 


4. China National Petroleum Corporation

                     China National Petroleum Corporation is a Chinese state-owned oil and gas corporation and the largest integrated energy company in China. The company is a global oil giant, which owns publicly listed PetroChina and has operations across the Middle East and Russia. Its headquarters are in Dongcheng District, Beijing and was ranked the third in 2016 Fortune Global 500.

5. China Petrochemical Corporation

                       China Petrochemical Corporation is Asia's largest oil refining and petrochemical enterprise, administered by SASAC for the State Council of the People's Republic of China. This is the second largest company in the world in terms of revenue. The company providing various petroleum products, including gasoline, diesel, jet fuel, kerosene, ethylene, synthetic fibers, synthetic rubber, synthetic resins, and chemical fertilizers, in addition to exploration of crude oil and natural gas within China.



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